A senior banker at Irish Life and Permanent ordered the €7.2 Billion transaction with Anglo Irish Bank be documented in case “something goes pop”, a jury has heard.

The jury at David Drumm's conspiracy to defraud trial, which has been underway at Dublin Circuit Criminal Court since January, has been told that proceedings are likely to conclude in June.

A statement issued to the Irish Stock Exchange by Anglo Irish Bank, and signed by David Drumm, said customer funding had increased by €1.9bn, Dublin Circuit Criminal Court has heard.

The former head of group finance at Anglo Irish Bank said he was not aware that €7.2bn transactions with Irish Life and Permanent were “a straight exchange of cash with no underlying security” until after they had taken place.

A former Anglo Irish Bank executive said he planned to “get a bit of drink” into a Credit Suisse banker at an upcoming dinner and say to him: “I'd like about five billion before the 30th”.

Drumm also said he intended to go to “that fucking shower of clowns down in Dame Street,” to look for emergency funding for the bank, his trial has heard.

The jury in the trial of David Drumm has heard that Anglo Irish Bank's audit committee was an independent watchdog tasked with overseeing management's activities.

A new jury will be empanelled this afternoon in the trial of former Anglo Irish Bank Chief Executive David Drumm due to an issue that had arisen.

David Drumm, the former chief executive of Anglo Irish Bank, has pleaded not guilty to being involved in an alleged €7.2bn conspiracy to defraud and to dishonestly providing false information to the market.

Two bankers jailed for their parts in a conspiracy to defraud the public about Anglo Irish Bank’s health will find out this morning if they have won their appeals.

Two former bank executives jailed last year for a €7.2 billion conspiracy to defraud in 2008 have opened appeals against their convictions.

It is not the fault of the Anglo Trio but they are beneficiaries of a jail system that is unable to perform its only and basic function, lock up all convicted criminals equally and without favour, writes John Cuffe

Denis Casey began his career in 1976 working for Allied Irish Finance Company Limited.

John Bowe studied accounting and finance in Dublin City University and left there in 1986, joining Standard Chartered Bank (Ireland) Ltd as a graduate trainee.

Three former banking executives convicted of taking part in a €7bn fraud will be sentenced on Friday.

A friend of Denis Casey has described the former CEO of Irish Life & Permanent as an “ethical person with the height of integrity”.

Here’s a briefing on some of the stories and issues highlighted on irishexaminer.com today

The former group chief executive of Irish Life and Permanent Group has been convicted of a €7.2bn conspiracy to defraud.

The former Group Chief Executive of Irish Life and Permanent Group has been convicted of a €7.2bn conspiracy to defraud.

A jury has acquitted the former finance director of Irish Life and Permanent (IL&P) of helping Anglo Irish Bank defraud the markets in 2008 in a €7.2bn scheme.

Two former executives from Anglo Irish Bank have been found guilty of conspiring to defraud the public in 2008.

A juror who sat through the longest criminal trial in the State’s history has been hospitalised and will not be able to conclude deliberations.

The jury in the trial of four former bank executives accused of conspiring to defraud has suspended its deliberations after a juror became ill this morning.

The jury in the trial of four former bankers accused of conspiracy to defraud in 2008 has begun its deliberations.

A jury in a conspiracy to defraud trial has been asked to consider the fact the financial regulator knew about the so-called “back-to-back transactions”.

An accounting expert has denied being confused about “labyrinthine” accounting standards while giving evidence at the trial of four former bankers accused of conspiring to mislead investors.

The chief actuary with Irish Life has said his hair stood up when he heard that the assurance company had transferred billions of euro to Anglo Irish Bank, a court has heard.

A man has been excused from serving on the jury in the ongoing trial of four former executives from Anglo Irish Bank and Irish Life and Permanent (ILP).

The trial of four former bankers accused of conspiring to defraud investors in Anglo has been hearing about its poor relationship with other Irish banks.

Anglo Irish Bank management discussed disguising short-terms loans of €750m from Irish Life and Permanent and keeping the details “tight as a duck’s arse”, the trial of former banking executives has heard.

Ireland is looking forward to an average increase in demand for high-level ICT skills of around 5% a year out to 2018, with the employment of IT professionals anticipated to rise to just over 91,000, according to a Brightwater Recruitment survey.

The State requires an enlarged jury panel to deal with the case of former Anglo Irish Bank executive William McAteer and three co-accused, the Dublin Circuit Criminal Court heard this morning.

Former Anglo Irish Bank executive William McAteer and three co-accused will stand trial in 2016 on charges of conspiring to mislead the bank’s investors about the true value of the its deposit books.

A date in early 2016 has been set for the trial of four former bankers accused of conspiring to mislead Anglo Irish Bank investors in relation to €7.2bn worth of transactions.

Four former bankers are due before Dublin Circuit Criminal Court accused of taking part in a €7.2bn conspiracy to dupe investors by inflating deposits at Anglo Irish Bank.

The Former Finance Director of Anglo Irish Bank - Willie McAteer - has been charged in connection with an alleged conspiracy to transfer over €7bn in a bid to inflate Anglo's deposits and mislead the bank’s investors.

Three former senior bank executives are to stand trial accused of conspiring to mislead Anglo Irish Bank investors by transferring €7.2bn to Anglo to give the impression it had larger deposits.